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U.S. and Europe Announces Details of Trade Pact

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“The United States and European Union have agreed on a ‘joint statement’ providing additional details of the trade deal that they announced last month, but the two sides still face weeks or months of additional negotiations to iron out their remaining issues,” the Washington Post reports.

“The three-and-a-half page statement confirms that the U.S. will impose a 15 percent tariff on most European products. The U.S. now has agreed to lower its 25 percent tariff on imported cars to 15 percent for European vehicles once the E.U. introduces legislation to eliminate its already-low tariffs on American industrial products and to provide greater market access for some American farm goods.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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